12 Colac Street, Avondale, Christchurch

Nestled at the end of a serene cul-de-sac on 12 Colac Street, this Avondale, Christchurch residence is a shining example of a post-quake rebuild, completed in 2015. This freehold property boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 107 square meters on a level 675 square meter section. The Roughcast exterior walls and tiled roof are both in good condition, complementing the modern, sunny northwest aspect of the home. Notably, the Capital Value (CV) has seen a 50% increase from $420,000 in 2019 to the current $630,000, while the HouGarden AVM estimates it at $632,500, making it an attractive prospect for both first home buyers and investors.

With a CV growth rate that outpaces the market, this property also has a recent sales history that supports its rising value. The well-maintained, landscaped garden and the expansive 7m x 6m garage are added bonuses for those who appreciate outdoor space and privacy. Double-glazed and fully insulated, the home is warm, inviting, and ready for family life.

For families with school-aged children, the property falls within the zone of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Chisnallwood Intermediate (Decile 5), among others. The location is not only convenient for education but also for shopping, being mere minutes away from supermarkets and a short 3 kilometers from New Brighton Mall.

Updated on September 24, 2024